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Americas Gold and Silver Corporation T.USA

Alternate Symbol(s):  USAS

Americas Gold and Silver Corporation is a Canada-based precious metals mining company with multiple assets in North America. The Company owns and operates the Cosala Operations in Sinaloa, Mexico, manages the 60%-owned Galena Complex in Idaho, United States, and is re-evaluating the Relief Canyon mine in Nevada, United States. The Company also owns the San Felipe development project in Sonora, Mexico. The 100%-owned Cosala Operations are located in the state of Sinaloa, Mexico and consist of about 67 mining concessions that cover approximately 19,385 hectares (ha). The 60% owned Galena Complex is located in Idaho’s Silver Valley. The Relief Canyon Mine is located in Pershing County, Nevada. The project encompasses an open pit mine and heap leach processing facility. Its landholdings cover approximately 25,000 acres, which include the Relief Canyon Mine asset and lands surrounding the mine in all directions. The San Felipe silver-zinc-lead project is located in Sonora, Mexico.


TSX:USA - Post by User

Post by kukamanon Feb 01, 2021 1:22pm
192 Views
Post# 32437830

In the previous year we underperformed during a Gold

In the previous year we underperformed during a Gold bull run. Now it looks like we are underperforming in a Silver bull run, lol.

Cosala does not seem to re-open anytime soon based on what I read in several recent mexican news articles.

Blasutti better pull some magic out of his hat. 600k ounces of Silver per year at Galena is way too low, even the 1.2 Million in a year is too low. At least he could create some "excitement" and announce to review options at Drumlummon with the current high metal prices. That is a great jurisdiction I believe and if you are counting on $100 silver price you better prepare yourself...
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